Basic knowledge of microeconomics and macroeconomics
Final written exam with short essays and exercises (75%); Student presentation and problem set handing out (25%).
Understanding of basic theory of international trade and factor movements; understanding the impact of different structures of market and industries on international trade; understanding the basic functioning of international money market, exchange rates; understanding the equilibrium in the currencies market.
1. BASIC CONCEPTS
1.1. International Economic Institutions
1.2 The Balance of Payments
2. INTERNATIONAL TRADE
2.1 Trade and technology differencies
2.2 Trade and factors endowments
2.3 Trade with perfect competition
2.4 Trade, economies of scale and not competitive markets
2.5 Trade and factor movements
2.6 Trade policy with perfect and imperfect competition
3. INTRODUCTION TO INTERNATIONAL MONETARY ECONOMICS
3.1 Currency markets
3.2 Exchange rate, prices and interest rates
Giuseppe De Arcangelis, Economia Internazionale, McGraw-Hill, 2009.
Paul Krugman, Maurice Obstfeld, Economia Internazionale, vol. 1 e 2, Pearson Education Italia, 2007.
frontal lecture, tutorials, problem set solving, student presentation
Readiness to offer individual assistance also in English and Spanish to incoming students.
Readiness to accept examination of incoming students also in English for Final written exam, problem set and student presentation.